Legislation
SECTION 4-1.5
Other disqualifications
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 4, PART 1
§ 4-1.5 Other disqualifications
No estate property, whether passing by intestacy or otherwise, which
has its situs in this state, shall pass to any other state or territory
of the United States, or to any foreign country or sovereignty in the
event of the absence of an individual heir, distributee, legatee or
owner of said property, but shall pass as abandoned property to the
state of New York, and shall be held as such property pursuant to the
abandoned property law.
No estate property, whether passing by intestacy or otherwise, which
has its situs in this state, shall pass to any other state or territory
of the United States, or to any foreign country or sovereignty in the
event of the absence of an individual heir, distributee, legatee or
owner of said property, but shall pass as abandoned property to the
state of New York, and shall be held as such property pursuant to the
abandoned property law.